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Wed 11 Dec 2013
Close: 260c 
Day's move: -2 537c (-90.70%)
Volume: 0
Trades: 0
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Revenue rose by 39.7% to R1.3 billion (R956.5 billion). Operating profit was up 9% to R283 million (R259.7 million). Net attributable profit was 67.5% lower at R206.4 million (R634.9 million). In addition, headline earnings per share grew to 168.8cps (135.5cps).
Dividend
A gross final ordinary dividend of 40cps has been declared.
Outlook
Kagiso, having just delivered a solid set of results will not sit back, as always there is serious focus to deliver growth in the coming year. The maturity throughout the organisation enables the group to face prevailing market conditions with confidence. Management's focus, as always, is to drive sustainable margins, with particular attention in the year ahead to manage the optimisation of our costs. Digital is and will be core to everything, new approaches, innovation and creativity will enable Kagiso to grow and compete. Strategically this may require a longer term view of growth related investments. The group plans to grow market share in the year ahead, driven by organic initiatives and where appropriate acquisitions.
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| Closing price data source: JSE Ltd. All other statistics calculated by ProfileData. |
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